Forest, IA self-storage market

Population 4,290. Scores 36 / 100 but needs a data check: no storage facility turned up within 10 miles, so competition and supply are unconfirmed.

Town score, higher = better market to buy in
36 / 100Check

Needs a data check: no facility found within 10 miles, so supply is unconfirmed

0 facilities within 10 mi needs a data check: nearest known storage facility only 10.5 mi away (under 15 mi); 28 storage facilities within 25 mi (bigger market nearby).

0Population 4,290: in the 2,000 to 20,000 scope
+20Income $69k: $65k to $70k, good
+8Population +9.2% since 2015-2019: growing 2% to 10%, good
+8Renters 33.3%: 30% to 40%, good
0Competitors unknown: 0 facilities within 10 mi needs a data check: nearest known storage facility only 10.5 mi away (under 15 mi); 28 storage facilities within 25 mi (bigger market nearby)
0Supply unknown: no facility found near the town point, see competitors
36Total, out of 100
Storage sq ft per person, 10 miles
Unknown
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,290
Residents of the Census place, ACS 5-year 2020 to 2024. 4,904 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$69,205
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+9.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
Unknown
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more.
Facilities whose nearest town is Forest
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Forest

No facility lists Forest as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Garner IA11 mi50 / 100Pass
Lake Mills IA12 mi48 / 100Pass
Clear Lake IA16 mi33 / 100Pass
Northwood IA25 mi10 / 100Fail
Belmond IA28 mi23 / 100Check
Albert Lea MN31 mi1 / 100Fail

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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